Topics regarding layoffs at ITT Educational Services Inc.

Topics regarding layoffs at ITT Educational Services Inc.

WARN Act Settlement

So based on the letter I received in the mail yesterday, employees at 25 of the ITT Tech campuses are going to get almost $13,000 each in compensation for ESI having violated the WARN Act by laying off their whole staff with no advance notice... — read more 

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Post ID: @OP+1fODrp2u

But the bad news is..

a 1099 is coming... https://www.inquirer.com/business/student-loans-itt-tech-corinthian-for-profit-colleges-tax-irs-20190624.html

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Post ID: @OP+ZJd8qru

Debt relief for former ITT Tech students?

"On Wednesday, a federal judge gave final approval to a settlement that will erase nearly $600 million that 750,000 students owed ITT Technical Institute. The agreement, which was first announced in January, will also refund $3 million that students... — read more 

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Post ID: @OP+Wpkh5ls

Debt relief for former ITT Tech students?

"On Wednesday, a federal judge gave final approval to a settlement that will erase nearly $600 million that 750,000 students owed ITT Technical Institute. The agreement, which was first announced in January, will also refund $3 million that students... — read more 

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Post ID: @OP+WpGypyW

CEO and CFO settle with SEC

"The U.S. Securities and Exchange Commission has voted to approve an eve-of-trial settlement of the fraud case against two former leaders of the bankrupt for-profit-education titan ITT, replacing last year's unusual rejection of a first settlement... — read more 

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Post ID: @OP+U3KA5Tz

Am I still responsible for the loans

I attended ITT Tech and received my A.S. in 2010 and my B.S. in 2012 degree and since the school has closed completely, Am I still fully responsible for the loans I took on? If not, please advise on how to get rid of them. Thanks!!!!!

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| 2328 views | | 3 replies (last September 28, 2017)
Post ID: @OP+Pa9VdVz

SEC vs ITT ESI settled.

MINUTE ORDER for proceedings held before Magistrate Judge Mark J. Dinsmore: Settlement Conference held on 5/15/2017. Settlement reached. Any pending motions now DENIED AS MOOT & all previously-ordered dates now VACATED. Parties to file appropriate... — read more 

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| 2539 views | | 1 reply (June 8, 2017)
Post ID: @OP+NGimS72

Employment Verification

Does anyone know if there is a way for employment at ITT Tech to be verified? The phone numbers on the final correspondence we received are not in service. Background check companies are requiring contact information. Thanks.

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| 10387 views | | 6 replies (last February 10, 2020)
Post ID: @OP+MbSIuxy

Servicing Loans Through Great Lakes

Not sure if anyone else had their loans through Great Lakes. I tried to login over the weekend and these 2 screens popped up in their app and on their website. I just called them and they said that Great Lakes is no longer servicing my loan and the... — read more 

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| 2231 views | | no replies yet
Post ID: @OP+LIR29s8

Bankruptcy Update

The bankruptcy judge, Judge Carr, appointed Harvard lawyers as "interim class counsel" yesterday at a bankruptcy hearing. That means that all former ITT Tech students will be represented by them until he makes a final decision on the matter. There... — read more 

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Post ID: @OP+LEKrUa1

Remnants of Modany

Like Corinthian Colleges before it, ITT eventually crumbled last year under a federal government crackdown on the for-profit college industry. Outside the office of the embattled CEO Kevin Modany, a marketing photo still hung on the wall — of... — read more 

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Post ID: @OP+LjkKBmp

Minnesota ITT

Has anyone who graduated in the last few years filed or looked into filing for the borrower defense to repayment to get loans discharged? My husband graduated from the Minnesota ITT back in like 2011, so not eligible for the discharge for recent... — read more 

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| 2423 views | | 2 replies (last January 24, 2017)
Post ID: @OP+KHrRBc3

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